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March 22, 2011

US Firm to Slow Down Nuclear Power Project After Japan Crisis

US nuclear power developer NRG Energy has almost stopped work on a major nuclear power project in Texas, following the crisis in Japan. The decision will allow time for the US Nuclear Regulatory Commission (NRC) and other nuclear stakeholders to assess the situation and bring out new gu

By cms admin

US nuclear power developer NRG Energy has almost stopped work on a major nuclear power project in Texas, following the crisis in Japan.

The decision will allow time for the US Nuclear Regulatory Commission (NRC) and other nuclear stakeholders to assess the situation and bring out new guidance on regulatory requirements for permitting new nuclear generation.

The slow down will also allow stakeholders to assess the lessons that can be learned from the events in Japan that led to three explosions and radiation leakage at the Fukushima nuclear power plant.

The South Texas Project (STP 3&4) expansion is being conducted by Nuclear Innovation North America (NINA), a joint venture between NRG Energy and Toshiba Corporation.

The firm has limited the work to licensing and securing the federal loan guarantee on the project.

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